Rochester, NY 14609 Real Estate Market Report

ZIP Code: 14609
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The primary market value indicator is the median sold price of $169,900, which reflects recent completed transactions and suggests realized pricing is substantially higher than asking in parts of the sample; with the market labeled hot, sellers can expect stronger pricing outcomes on executed sales.

2. The median days on market of 212 signals slower sales velocity despite a hot market temperature; this long time-to-contract may indicate pricing friction, required property preparation, or deal timing mismatches that agents should address through targeted staging, pricing strategy, or contract flexibility.

3. There is a notable spread between median listing price of $112,400 and the median sold price, which appears to reflect a gap between seller expectations and recent transaction levels; sellers should consider aligning listing strategy to comparable solds and buyers should expect negotiated outcomes to track closer to recent sold prices.

4. Market context: year-over-year pricing is up and rent is up, while interest rate pressure is moderate; combined with a relatively constrained active supply in the analyzed sample, this mix suggests continued upside pressure on sold prices but also potential sensitivity to financing costs—prioritize deals with clear financing contingencies and time-to-close planning.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Rochester, NY 14609 Real Estate Market Report

ZIP Code: 14609
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The neighborhood's primary market value indicator, the median sold price, is 305,000, reflecting a market where recent transactions support upward pricing and giving sellers a measurable pricing advantage; up price momentum and a hot market temperature reinforce seller leverage.

2. Pricing intensity is evident in the median price per square foot of 252, which suggests firm per-unit pricing that may create pricing friction for buyers who expect discounts in slower markets and appears consistent with the reported up price year-over-year trend.

3. Rental demand shows strength with a median market rent of 1,050 and a rent year-over-year trend of up, indicating that investor-backed demand or replacement housing pressure may be supporting both rent growth and sales pricing.

4. Interest rate conditions are noted as moderate, which warrants caution: while rates are not identified as sharply restrictive, the moderate interest rate pressure may temper some buyer affordability and could introduce short-term sensitivity in transaction velocity.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.